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DGI plc
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==Financials== '''DGI Ltd''' As mentioned above, DGI remains in the R&D stage of its development, with income and funding having been uncertain and staggered during its existence. In the most recent financial year, to 31st March 2021, revenues grew to £285,000 from £192,000 with the operating loss reducing from £1.02 million to £337,000. Following other gains and losses amounting to £118,000 the pre-tax loss was £455,000 with additional tax credits resulting in a net loss of £403,000. '''Path Investments''' '''Interim Results''' Path’s most recent set of results covered trading in the six months to 30th June 2021. A net loss of £736,254 was posted for the period, with administration costs mainly relating to work on a potential acquisition that was aborted in February. Following the termination of the deal, March saw the completion of a £3.87 million gross equity fundraising at 0.25p per share. The funds were to be used to support the company's continuing investment strategy. Investors in the fundraise were also issued with two warrants for every two shares subscribed for, with one warrant having an exercise price of 0.25p and the other at 0.5p, exercisable within five years from the date of grant in the absence of a change of control of the company. Following the receipt of the proceeds, cash at the period end stood at £2.27 million.
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